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Finland

Downing buys three Finnish hydropower plants

Funds managed by Downing have agreed to acquire Tornionlaakson Voima Oy, which owns and operates three hydropower plants in the Tengeliönjoki river basin i…

Floating Offshore Wind

UK backs Port Talbot floating wind hub

The UK government has awarded up to £64 million to support the development of Port Talbot as a floating offshore wind hub in the Celtic Sea.The Department…

Portugal

Akuo to build 220 MWh battery at Santas solar PV plant

Akuo, a global renewable energy player, is set to commence construction of SantasBAT, a battery energy storage system (BESS) with a capacity of 80 MW of power a…

Solar project

Axpo Signs Solar PPA with McDonald’s Spain to Supply 83 GWh Annually

Axpo has entered into a power purchase agreement (PPA) with McDonald’s franchises in Spain to supply renewable electricity from a newly developed solar power c…

Tender/bid

UK plans to launch 6-GW offshore wind leasinground in 2027

The Crown Estate has confirmed plans to launch a Round 6 offshore wind lease auction in the first half of 2027.The tender will bring around 6GW to market, as fi…

Solar Power Plant

LG Electronics India inks 25-year solar deals to power two manufacturing plants

LG Electronics India signed long-term solar power purchase agreements with Hinduja Renewables Energy Private Limited (HREPL) and Sunsure Energy on March 25 to s…

Brazil

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Petrobras has announced the presence of excellent-quality oil in the pre-salt Campos Basin through an exploration well drilled in the Marlim Sul field, which wa…

United States

NASA aims for nuclear-powered Mars mission in 2028

The US space agency NASA has outlined a series of mission goals, including a return to the Moon by early 2028 and a Mars mission in the same year using nuclear …

Oil & Gas Trade

Algeria and Spain in talks to increase gas supply

Spain ​and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m…

United States

Constellation exec says Three Mile Island can't connect until 2031

U.S. grid operator PJM ​has told Constellation Energy that the former Three Mile ‌Island nuclear power plant in Pennsylvania likely will not be able to co…

Gas power plant

Duke Energy secures approval for gas plant in South Carolina

Utility Duke Energy said on March 26 that the ​Public Service Commission of South ‌Carolina had approved its plan to build new natural gas-fired ​generat…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…

South Korea

YIDO Secures Final Approval for 70MW Solar Project in Korea

YIDO, a professional infrastructure asset management company, announced on the 27th that it has received final approval for a solar power generation project in …

Ukraine

Ukrainian Energy Ministry, Naftogaz sign cooperation documents with several U.S. companies

March 26- The Ukrainian Energy Ministry and Naftogaz have signed documents with U.S. companies on cooperation in energy projects in Ukraine, Ukrainian media quo…